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Madison Wisconsin based Understory Inc. is raising $8,530,321.00 in a new round of Venture Capital investment.

Madison Wisconsin based Understory Inc. is raising $8,530,321.00 in a new round of Venture Capital investment.

July 31, 2019 Craig Etkin

Madison, WI – According to filings with the U.S. Securities and Exchange Commission, Understory Inc. is raising $8,530,321.00 in a new round of investment. Sources indicate as part of senior management President, Alexander Kubicek played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Understory Inc.

Understory, named for the area in a rainforest beneath the forest canopyùdetects rain, hail, wind and other weather events directly at the earth’s surface, where the risk to life and property is greatest. While traditional, radar-enabled weather centers collect data by analyzing conditions observed in the atmosphere, Understory’s ground-truth-based detection is a marked enhancement in both resolution and fidelity, providing real time datasets and graphical views of the movement and intensity of weather events, which leads to better insight and early detection of risks.

To learn more about Understory Inc., visit http://understoryweather.com/

Contact:
Alexander Kubicek, President
608-416-7752
alexander@understoryweather.com
https://www.linkedin.com/in/alexkubicek

SOURCE: http://www.intelligence360.io
Copyright (c) 2019 SI360 Inc. All rights reserved


Venture Capital
Madison, Understory, Venture Capital, Wisconsin

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